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Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.
$ 450,000
Est. payment /mo
New
109 W MONUMENT ST Baltimore, MD 21201
5,852 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,852 sqft
Price per Sqft $76
MLS Listing ID MDBA2166158
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,439
Tax Year 2024
Lot Size 2,091 Sqft
Acres 0.05
Property Sub-Type Five Or More Units
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, May 31st & ends Thursday, June 5, 2025 at 12:00PM. Fully Leased 6 Unit Multi-Family Apartment Building in "Mount Vernon" **Current Gross Monthly Scheduled Income Of $9,169**
**Current Gross Annual Scheduled Income Of $110,028* Units: 1A - 1 Bed/1 Bath Rented for $1,399 + $50 Utility Reimbursement & $35 Pet Rent. 1B - 1 Bed/1 Bath Rented for $1,329 + $50 Utility Reimbursement. 2A - 1 Bed/1 Bath Rented for $1,559 + $50 Utility Reimbursement & $35 Pet Rent. 2B - 1 Bed/1 Bath Rented for $1,299 + $50 Utility Reimbursement. 3A - 2 Bed/2 Bath Rented for $1,799 + $90 Utility Reimbursement & $35 Pet Rent. 3B - 1 Bed/1 Bath Rented for $1,349 + $50 Utility Reimbursement. Features include:
• Stainless steel appliances • Granite Counter Tops • In unit Laundry • Hardwood floors • Unit 3A is a duplex. Gallery Auction: A bidding deposit of $15,000 per lot is required for: Lot 1 (107 W. Monument St.), Lot 2 (109 W. Monument St.) If you are interested in bidding on Lot 3, which includes Lots 1 & 2 as an entirety, you would need to add a $30,000 bidding deposit. Manner of Sale: Each property will be offered individually and then offered as an entirety. Auction Lots 1-2 are being offered individually. Then Auction Lots 1 & 2 are being offered as an entirety in Auction Lot 3. The manner of offering that brings the highest price will be the winning bid. Please review and participate in the entirety offering if you are interested in purchasing both properties.
**Current Gross Annual Scheduled Income Of $110,028* Units: 1A - 1 Bed/1 Bath Rented for $1,399 + $50 Utility Reimbursement & $35 Pet Rent. 1B - 1 Bed/1 Bath Rented for $1,329 + $50 Utility Reimbursement. 2A - 1 Bed/1 Bath Rented for $1,559 + $50 Utility Reimbursement & $35 Pet Rent. 2B - 1 Bed/1 Bath Rented for $1,299 + $50 Utility Reimbursement. 3A - 2 Bed/2 Bath Rented for $1,799 + $90 Utility Reimbursement & $35 Pet Rent. 3B - 1 Bed/1 Bath Rented for $1,349 + $50 Utility Reimbursement. Features include:
• Stainless steel appliances • Granite Counter Tops • In unit Laundry • Hardwood floors • Unit 3A is a duplex. Gallery Auction: A bidding deposit of $15,000 per lot is required for: Lot 1 (107 W. Monument St.), Lot 2 (109 W. Monument St.) If you are interested in bidding on Lot 3, which includes Lots 1 & 2 as an entirety, you would need to add a $30,000 bidding deposit. Manner of Sale: Each property will be offered individually and then offered as an entirety. Auction Lots 1-2 are being offered individually. Then Auction Lots 1 & 2 are being offered as an entirety in Auction Lot 3. The manner of offering that brings the highest price will be the winning bid. Please review and participate in the entirety offering if you are interested in purchasing both properties.
Location
State MD
County Baltimore City
Zoning OR-2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0311100532 011
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
